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Enstar subsidiary Cavello Bay given ‘A’ rating by S&P
The stable outlook on Cavello Bay mirrors S&P’s view of its parent.
Aisling Finn
,
26 March 2024
Chubb leads Baltimore bridge property cover but IG subrogation likely
The value of the bridge is estimated at $1.2bn.
Catrin Shi
,
26 March 2024
UK Treasury backs plan to transform Pool Re’s treaty model
The model will shift to an annual, aggregate, catastrophe XoL treaty in April 2025.
Aisling Finn
,
26 March 2024
CMA clears Ardonagh Retail-Markerstudy mega-merger
The deal will create a personal lines firm controlling £3bn in premiums.
Rachel Dalton
,
26 March 2024
Political instability presents a major risk for 2024: Howden
Insured losses from civil unrest have risen over the last decade to total $7bn in 2020-23.
Aisling Finn
,
26 March 2024
Nardac launches battery energy storage offering
The business is backed by eight Lloyd’s syndicates.
Rachel Dalton
,
26 March 2024
Mariners brace for large P&I loss from Baltimore bridge collapse
A Maersk-chartered container ship caused the Francis Scott Key Bridge to collapse.
Samuel Casey
,
26 March 2024
Cyber models’ view of risk ‘not necessarily converging’: GC
Revenue, country and industry sector drive modelled output divergence.
Jai Singh
,
21 March 2024
Hannover Re combines cyber and digital segments into specialty unit
Stefan Sperlich will lead the new division as managing director.
Rachel Dalton
,
26 March 2024
Cat losses surpass $100bn in 2023 for fourth year in row: Swiss Re
Severe convective storms were the biggest driver of last year’s losses.
Rachel Dalton
,
26 March 2024
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